African Dawn Capital (JSE:ADW) News - Appointment Of Lead Independent Director AFRICAN DAWN CAPITAL LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/020520/06) Share code: ADW ISIN Code: ZAE000223194 (“Afdawn” or “the Company”) APPOINTMENT OF LEAD INDEPENDENT DIRECTOR In accordance with paragraph 3.59(c) of the JSE Limited Listings Requirements, the board of directors of the Company wishes to advise that Mr Brett Stagman, who is currently an independent non-executive director of Afdawn, has been appointed as lead independent non-executive director of the Company with effect from 11 March 2021. Johannesburg 11 March 2021 Designated Advisor PSG Capital Date: 11-03-2021 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.